We are accustomed to describing a solution in terms of the concentration of the one or more solutes. However,manyoftheimportantphysicalpropertiesofasolutiondependmoredirectly
Endowment plan is a combination of insurance and investment. In term plan which is a pure insurance there is no maturity benefit. It means if a person dies during the term of policy then only his beneficiaries will get some money otherwise at maturity, at the end of the term there is no benefit.
Financial Accounting Definitions: FASB and AICPA. Endowment. An endowment is an established fund of cash, securities, or other assets to provide income for maintenance of a nonprofit organization. The use of the fund may be permanently restricted, temporarily restricted, or unrestricted.